PPP Loan information for A-phase electric inc

$50,000

A-phase electric inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 02/26/2021 by The Middlesex Savings Bank reported 5 jobs and $50,000 was used to fund payroll.

A-phase electric inc is Existing or more than 2 years old

A-PHASE ELECTRIC INC

Date Approved

02/26/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

A-PHASE ELECTRIC INC

Borrower Address

7 Pine Grove Rd

Borrower City

Westford

Borrower State

MA

Borrower Zip

01886-3207

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33108

Servicing Lender Name

Middlesex Savings Bank

Servicing Lender Address

6 Main St

Servicing Lender City

NATICK

Servicing Lender State

MA

Servicing Lender Zip

01760-4506

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westford

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01886-3207

CD

MA-03

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49998.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

33108

Originating Lender

Middlesex Savings Bank

Originating Lender City

NATICK

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50172.22

Forgiveness Date

07/07/2021

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